(Helena) – Governor Greg Gianforte announced that Montana reached its 24th consecutive month of unemployment below 3%. Prior to the governor taking office, Montana’s unemployment rate had fallen below 3% only three times since record-keeping began 50 years ago.
Payroll jobs in Montana rose by 1,600 in October, with the greatest gains in the leisure and hospitality industries, while total employment (which includes payroll, agricultural, and self-employed workers) fell slightly. Since January 2021, Montana has added nearly 40,000 jobs.
In October, Montana’s labor force grew by nearly 700 workers, adding nearly 9,000 workers since the start of the year.
